The State Bank of Pakistan (SBP) has clarified that newly designed currency notes will not be available to the public by Eid.
SBP Governor Jameel Ahmad stated that the printing of new currency designs will begin only after cabinet approval.
Eid Availability Ruled Out
He confirmed that the new notes will not be in circulation for Eid, addressing widespread public speculation.
Policy Context
The governor also highlighted that Pakistan remains under a strict monetary policy framework agreed with the International Monetary Fund.
External Payments Update
According to the SBP governor, Pakistan has already paid $6 billion in external debt and interest payments.
What This Means
While interest in new note designs remains high, the process involves regulatory approvals and printing timelines before circulation.
